CHN 3.47% $1.64 chalice mining limited

CHN chart, page-7551

  1. 1,807 Posts.
    lightbulb Created with Sketch. 353
    They are sorting out Gonny problems. They have a plan for mining and processing higher grade first. Metallurgical recoveries are improving. People don't seem to understand that high tonnage mines are low grade, it's the nature of the beast. They are basically building another Telfer, or of that ilk, with more metals in the mix, which makes flotation more complex, but with the added advantage of having nickel and cobalt credits, which should give them a very low cash cost. Investors haven't seen anything of this size for a long time, so they may not be able to get their heads around the long development time, but I wouldn't be surprised in the slightest if they come out and say the development timetable has shortened for the higher grade project, just a flotation concentrator with shallow open pit mine. Good things to come imo.
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.64
Change
0.055(3.47%)
Mkt cap ! $637.9M
Open High Low Value Volume
$1.59 $1.69 $1.59 $5.890M 3.589M

Buyers (Bids)

No. Vol. Price($)
5 37450 $1.64
 

Sellers (Offers)

Price($) Vol. No.
$1.68 14347 1
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
$1.64
  Change
0.055 ( 3.82 %)
Open High Low Volume
$1.59 $1.69 $1.59 509496
Last updated 15.59pm 10/06/2024 ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.